最好的长期押注是购买股票并持有它们。
The best bet for the long term is to buy shares and hold on to them.
在您来到源代码之前,您必须确定未释放的对象并找出谁持有它们。
Before you go to the source code, you have to identify unreleased objects and find out what is holding them.
这会削减其他风险基本等价的那部分资产支持证券的需求,因为机构越来越不愿意持有它们。
That could reduce demand for tranches of nearly equivalent risk, as firms become less keen to hold them.
You also don't know that they'll give them to the equity owners they won't squander in the future.
你也不知道,他们是否能够兑现股票持有者,它们不会挥霍未来。
You have closed end funds, trade as a security listed on the stock exchange, but what they do is own other securities.
假如你持有封闭式基金,这种基金在证券交易所作为一种债券进行交易,但是实际上它们做的是持有其他债券。
We did have a large,short position in subprime mortgage-backed securities, which has paid off enormously for the University and really helped protect assets in the past nine months or a year.
我们确实曾持有很多,次级抵押担保证券的空头,它们为耶鲁赚了不少钱,并且在过去的9个月或1年间,为资产保值发挥了实在的作用
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